Showing 1 - 10 of 93
This paper constructs a two-sector environmental growth model with explicit mathematical derivation and economic intuition in a social planning economy. Through the optimal allocation of man-made capital between the production sector and the environmental sector, this paper shows that the...
Persistent link: https://www.econbiz.de/10013090193
This paper examines the endogenous choice problem of each firm's price or quantity contract in a mixed duopoly composed of one social welfare maximizing public firm and one relative profit-maximizing private firm. In this paper, we show that unless the degree of product differentiation and the...
Persistent link: https://www.econbiz.de/10011116961
We consider strategic trade policy when two firms from two different countries that start out with different production costs compete in prices in a third country, and technology transfer between the two firms is possible through technology licensing. We find that optimal policy when technology...
Persistent link: https://www.econbiz.de/10011208934
Using a panel of Colombian banks and quarterly data between 1996:1 and 2010:3, we study the relationship between short-run adjustments in bank capital buffers and the business cycle. We follow a partial adjustment framework and control for several variables that have been identified as important...
Persistent link: https://www.econbiz.de/10011048793
This paper presents an analysis of the market for checks using the monopoly problem as an approximation. The need for such an analysis arises due to the following policy proposal: from time to time, the Turkish government considers increasing the lump-sum amount that drawee banks are legally...
Persistent link: https://www.econbiz.de/10010573257
Regulation of telecommunications sector plays a crucial role in the political and economic agenda for both industrial … of regulation and the extended state interventionism. The main aim of this study is to examine the regulatory process in … effective regulation and investment. …
Persistent link: https://www.econbiz.de/10010636259
This paper examines the efficient allocation of international health aid. We built a simple macroeconomic model which considers an endogenous allocation of aid mixed between the public and the private channels. We derive a non-cooperative interaction-game involving the private sector, the donor...
Persistent link: https://www.econbiz.de/10010636302
This paper examines the determinants of military expenditures with a special focus on political regimes for more than 130 countries for the period of 1963–2000 by employing a dynamic panel data analysis. The paper aims at contributing to the literature by utilizing a recently constructed...
Persistent link: https://www.econbiz.de/10011116960
This paper investigates the causal relationship between energy consumption, carbon dioxide emissions, economic growth, trade openness and urbanization for a panel of new EU member and candidate countries over the period 1992–2010. Panel unit root tests, panel cointegration methods and panel...
Persistent link: https://www.econbiz.de/10011116979
In this paper, we revisit the link between currency misalignments and economic growth by taking into account foreign currency-denominated debt dynamics for the CFA zone countries over the period 1985–2011. Relying on a BEER approach and using panel cointegration techniques, we first derive...
Persistent link: https://www.econbiz.de/10011190211